This year; ieo unfolded.
It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.
If you compare Your experiences too; between altcoin and bitcoin; you would notice that
1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on
2. Bitcoin has maintained its class and importance;
Is it that bitcoin is the only hope for the future ??
IEO are on able to meet up because there are no quality projects to actually qualify for them to accept it if they really want to maintain the integrity of project that they have promised the world, otherwise, they will just keep registering projects that are not going to last long and eventually still turn the platform to that of the IEO.
I think that they are just reserving this platform for the future also when their will be regulation so that more quality projects can approach them because if they destroy the IEO platform now too early, it may be difficult for us to ever see crowd funding survive again, but bitcoin will till always be the most reliable coin no matter how strict IEO is with projects, no matter the quality project that they release, they still cannot meet up with the standard of bitcoin.